Robert Alexis
Aborting a hard money fix & flip for a refi and live-in rental
Newbie investor looking for advice. Purchased a foreclosed property with $549k and 10% down through a hard money loan for an initial fix and flip. With the current market, I'm considering changing my exit strategy and...
Wassim Moukarzel
how does refinancing work?
Hello, I am just starting my real estate career (I bought a couple of best selling books and started reading) and have a question regarding refinancing:1- If I understood the concept well, refinancing is great in real...
Rudy Dvorak
open to 6ish % private loan secured by property
i have 4 properties and 27 tenants in socal over 4 properties. all props have fixed loans at less than 3.8%. I have $3.1M in equity. looking to build adu's and jadu's and looking for $500ish K. Anybody can point ...
Kevin Gonsalves
Equity what to do with it!?
Hey, so I’m new in the game and was wondering your opinion on a few things. First, I have about 250k in equity from my primary residence. I want to get into the game of investing. Should I be trying to buy a 3 or 4 pl...
Jake L.
Taking title and refi brother's property to gain 200K equity
My brother has bad credit and currently has a mortgage with an interest only variable loan on his primary residence. He asked if I could add my name to refinance the property to get a better rate (30 year fixed). Luck...
Account Closed
Where can I learn about asset protection?
I’m about to purchase an out of state property. I want to be protected In the event of a lawsuit. This topic has been debated over and over on BP and nobody can seem to come to a consensus. Should I create an LLC, or ...
Joe Delia
Would you do this deal?
4/2 1800 sq ft, large lot, located in greater cincinnati, rented for $875, $62,500 20% down 8% interest, two year balloon, 30 year am. Comps point at 55K. House is dated but in good condition.
If so, why?
If not, w...
Justin Putt
Refinancing Rentals to Cash Out
I am currently interested in doing a couple of things. One is acquiring cash flowing rental properties, another is raising capital to have funds for future deals and have a safety net.
Lets say I purchase a rental t...
Stephen Hoskins
Do you think society would be better with a Land Value Tax?
I'm interested in whether any of you think that your country would be better off if it used a Land Value Tax (LVT) to replace income taxes? The basic idea is the income tax is really terrible because it punishes peopl...
James Sargent
BRRR requirements 1
Is the refinancing for a BRRR (in order to get approved) based on personal finances and taxes or the asset? I know I was denied a HELOC before even though I had 300k in equity for my personal property, due to filing p...